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More than 100 killed in South Korean plane crash

124 killed in Jeju Air Boeing 737 crash in South Korea; major rescue operations underway

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124 killed in Jeju Air Boeing 737 crash in South Korea; major rescue operations underway

At least 124 people have been killed in a plane crash in South Korea involving a Jeju Air Boeing 737-800.

The flight had taken off from Bangkok with 175 passengers and six crew members aboard when it crashed at Muan International Airport shortly after 9 a.m. local time.

Rescue efforts are ongoing, with two passengers rescued. South Korea’s acting president has declared the area a special disaster zone to facilitate support for those affected.

Reports indicate that the plane skidded off the runway and collided with a barrier, catching fire upon impact.

The aircraft was noted for its safety record, but investigators are exploring the crash’s causes, including whether the landing gear and flaps were deployed.

Rescue operations

A former accident investigator expressed confusion over the incident, noting that procedures exist for significant failures.

Authorities have deployed emergency personnel and helicopters to aid in rescue operations.

The plane’s body is severely damaged, complicating victim identification. Around 80 bodies are awaiting identification at a temporary morgue.

Two flight attendants were rescued, with one sustaining serious injuries.

Jeju Air, a low-cost carrier established in 2005, has experienced stock declines amid industry competition and economic difficulties.

Boeing is in contact with Jeju Air and has extended condolences to the victims’ families. Investigations into the crash continue with no definitive cause established yet.

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Knowing when to walk away in real estate deals

Real estate expert shares insights on advocacy, client trust, and knowing when to walk away from potential property deals

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Real estate expert shares insights on advocacy, client trust, and knowing when to walk away from potential property deals

In Short:
– Walking away can be smarter than winning every real estate deal.
– Orium & Co prioritises client needs, offering guidance through emotional property decisions.
In real estate, knowing when to walk away can be wiser than striving to win every deal. On this episode of The Property Playbook, host Tim Graham is joined by Lisa Britcliff, co-founder of Orium & Co, to focuses on client-first advocacy in real estate.
Lisa’s team has over 40 years of experience guiding clients through significant transitions like divorce or loss, offering support beyond mere transactions.
Orium & Co aims to be genuinely client-led, helping clients navigate complex real estate decisions by leveraging extensive industry knowledge and a robust network of agents across Melbourne.Download the Ticker app

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US government reopens amid unresolved political divisions

US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

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US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

In Short:
– U.S. government reopens after 43-day shutdown, causing disruption and unpaid federal workers.
– Political divisions persist, with unresolved issues and nearly equal blame for the shutdown on both parties.
The U.S. government is set to reopen following the longest shutdown in history, lasting 43 days.

This shutdown disrupted air travel and food assistance, leaving over 1 million federal workers unpaid.Political divisions remain despite the funding package allowing the government to resume operations. Republican President Donald Trump’s administration continues to challenge Congress on financial matters, and unresolved health subsidies remain a key issue.

Discontent within the Democratic Party is evident, as moderates and liberals disagree on how to handle Trump’s presidency.

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Federal employees affected by the shutdown will receive back pay, with payments expected to be completed by Wednesday. While Trump’s administration previously threatened to withhold pay, there are no current indications of this. The deal reached ensures that federal jobs safeguarded during the shutdown are maintained.

Air Travel Normalises

Air traffic is returning to normal after significant disruption during the shutdown.

The Department of Homeland Security announced bonuses for security screeners who worked extra shifts. State funding for food aid programs will be restored shortly, assisting millions of Americans dependent on these resources.

Polling reveals nearly equal blame for the shutdown is placed on both political parties. Upcoming funding decisions pose the threat of repeating the shutdown cycle as concerns about national debt persist.


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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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